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IEX Power Market Update For October- Prices Continue To Drop

The Indian Energy Exchange, India’s premier energy exchange, achieved 7972 MU volume in October 2022, including Green Power trade of 403 MU, and 3.58 lac RECs (equivalent to 358 MU). The total volume on the Exchange in October’22 was lower by 13% on YoY basis due to high volume base of last year, and lower […]

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European Offshore Wind Companies Push Into Asian Offshore Wind Market

The world is watching as Chinese companies take on the offshore wind market. As per S&P Global Market Intelligence, Chinese turbines today cost less than half the global average. It places the Chinese in advantageous positions for expansion in less established wind markets such as Latin America and Eastern Europe. Although Chinese offshore wind majors […]

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I am Hopeful That Residential Will Once Again Be a Giga Watt Market For India

Going by shipment volume, Sungrow has been given the number one position by several sources. What would you attribute these increases in shipments to? Sungrow started its journey in India eight years back and for any Chinese company, it has never been easy to come to India and supply such large quantities. Sungrow, however, has […]

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On World EV Day, Startups Are More Optimistic Than Ever About The Future

September 9, designated as World EV day has come around again, and this time, we can truly say that a new sense of optimism pervades the sector. Yes, there have been the usual hiccups, including the not so minor issue of quality control over the Lithium ion batteries that power most EVs, but it would […]

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World EV Day: EV Market Closing Gap With ICE Vehicle Market

It is that time – September 9, World EV Day. The day is marked as a significant event for the world that looks towards a future of clean transport. World EV Day is a global movement, a day of celebration of e-mobility, and a day to shift the transition to sustainable transport with consumer, business […]

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Inox Wind Board Gives Go-Ahead to Raise Up To Rs 800 Crores

Noida-based wind energy solution provider, Inox Wind announced recently that the Board has given the company permission to finance up to Rs 800 crore through the private placement of non-convertible preference shares to promoters. The official news release states that the money raised would go toward paying off the debt. According to Devansh Jain, executive […]

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IEX Power Market Update July 2022: 13% YoY Decline For Green Market

As per its market update for July 2022  released by Indian Energy Exchange (IEX), it has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, with 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market. India’s premier energy exchange has recorded […]

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IEX Power Market Update for May – 80% Growth For Green Market

In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […]

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IEX April’22 update: solar prices at Rs 7.79/unit in GTAM market

In the first month of the new fiscal year 2023, the Indian Energy Exchange (IEX) achieved 7574 MU volume across all the market segments comprising 6989 MU in the conventional power market, 336 MU in the green power market, and 249 MU (2.49 lac Certificates) in the REC Market, according to a new press release. […]

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